Mobilizing Investment for inclusive and Sustainable Industrial Development in Africa

31 2018

GENEVA, 25 October 2018 -“Made In Africa Initiative”（MIAI） founder---Ms. Helen Hai was invited to the session on“Mobilizing Investment for inclusive and Sustainable Industrial Development in Africa” during the 2018 World Investment Forum. This session was co-organized by the African Union (AU), the United Nations Development Organization (UNIDO) and the United Nations Conference on Trade and Development (UNCTAD).

The session brought together global thought leaders in the investment and finance domain, to discuss new approaches towards mobilizing investment for Africa’s manufacturing sector to strengthen productive capacity development.The outcome of the discussion will be key for policy makers and entities involved in policy analysis, technical assistance and resource mobilization.They will also be taken on board in the implementation of the IDDA III road map.

MIAI working to bring light manufacturing investment and jobs to Africa, who plays a significant role for Africa growth. “It’s not easy to invest in Africa from private sector, but it’s depend on willingness,” When be asked “how can Africa attract good investment for industrialization” Helen Hai said, “Entrepreneurial leadership is needed in Africa, one that has the willingness to learn how to catch the fish and work hand-in-hand with the private sector. This is key to drive economic development in the continent.”

As Director of UNIDO Li Yong said “Africa industrialization is a reality, it’s already moving, but we need to mobilize more FDIs, because it brings seed money and technology for manufacturing,”

Even though there are a lot of instability on investment in Africa, and it is a hindrance to its economic development, butMade in Africa Initiative is always full of confidence to this continent. “How to decrease investment risk in Africa?” Helen answered” Asia’s story told us not everyone enjoyed the growth, and not all the countries will be able to ride the trend of industrialization in Africa, the leadership is key. Every country should make further plan on which path they want to take for next 20 years development.”